Case Study | Residual Stock Loan, Sydney, NSW

Case Study | Residual Stock Loan, Sydney, NSW

$15.45M, Residual Stock @ 80% LVR, Debt Restructure, Sydney Metro, NSW


Our client engaged with DFP to assist in procuring funds to:

  • Refinance a recently completed townhouse project and cross collateralised 2nd facility secured by a portfolio of residential properties
  • The key objective to lower the current borrowing costs.


1. Settlement of a $12.26m First Mortgage Facility

  • Geared to 80% Loan to Value (LVR)
  • Structured on a two-tier basis
    (Senior tranche to 65% LVR, Second tranche to 80% LVR)
  • Capitalised interest to assist in the sell down of the townhouses
  • An agreement to release part sale proceeds to the Second Mortgage lender once the First Mortgage debt reduced to 65% LVR
  • Settled on 6-month-old valuation 

2. Settlement of a $3.20m Second Mortgage Facility

  • Geared to 75% Loan to Value (LVR)
  • 2nd behind $11.5m (combined) bank loans
  • No valuation required (inspection only by lender)
  • Competitive rates and fees
  • Capitalised interest

Chat with us today about your finance options for your next project.

Leave a comment

Your email address will not be published. Required fields are marked *

For expert advice:

Sydney Office

Level 3, 31 Alfred St
Sydney NSW 2000
P / 02 8916 6246

Melbourne Office

Level 30/35 Collins Street,
Melbourne VIC 3000
P/ 03 8692 0082

Brisbane Office

Level 18, 175 Eagle Street
Brisbane QLD 4001
P / 07 3041 4136

See all contact details >

Insight Categories /

Topics /

洞察类别 /


Share on Facebook
Share on LinkedIn
Tweet about this on Twitter